Bryncarlen Limited

Estate planning & consultancy

UK Inheritance Tax – Autumn Statement 2022

Today, the Chancellor of the Exchequer set out that the inheritance tax nil rate bands will stay fixed at current levels until April 2028.

The nil rate band will continue to be at GBP 325,000. The residence nil rate band will continue to be at GBP 175,000. The residence nil rate band taper will continue to start at GBP 2 million.

This is subject to legislation being passed.

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